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Algorithms Won鈥檛 Replace Nurses, But $15M Says They Can Help Hire Them

incredible health

, a startup that developing a hiring platform for nurses, has raised a $15 million Series A led by (a16z).

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, , , , and others also participated in the round. The two-year-old company raised a $2 million seed led by Obvious Ventures in 2017. NFX and Precursor Ventures put money in its seed round as well as the most recent funding event.

came up with the idea for Incredible Health after hearing repeated complaints from friends and family members who were doctors and surgeons about understaffing, 鈥渁nd not having enough health care workers, especially nurses, to take care of patients.鈥

The trained physician and co-founder (an MIT alum who comes from a family of nurses) set about creating a marketplace for hospitals and health systems to connect to qualified nurses looking for work. Abuzeid cites indicating that by 2024, the U.S. is poised to have a shortage of one million nurses.

The marketplace launched about 18 months ago in California, where the company says it鈥檚 already profitable. It uses 鈥減roprietary algorithm-based tech鈥 to match hospitals with nurses for permanent jobs.

鈥淏y automating the screening and custom matching process, hospitals and health systems can hire permanent nurses in less than 30 days,鈥 she told 小蓝视频色情网页版 News. 鈥淭his is a process that normally takes 90 days or more with the inefficiencies of traditional hospital hiring practices.鈥

Today, over 150 hospitals in the state are using Incredible Health, including Stanford Health Care, Cedars-Sinai Medical Center, CommonSpirit Health, Tenet and HCA, among others. The startup currently has 34 employees compared to about five a year ago, according to Abuzeid, and will use the new capital to expand nationally and to add other health care workers to its platform.

David Jones, Stanford Health Care鈥檚 chief human resources officer, says using Incredible Health has led to the institution 鈥渃onsistently鈥 hiring for permanent roles in under three weeks.

Other investors in the latest round include , founder of , a software engineer career marketplace; , co-founder of (acquired by ); and , founder of (acquired by Monster).

Photo courtesy of Incredible Health

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